Cashback of 20% of the sum assured payable in three installments during the tenure to the investor.
Fixed deposits: Some private lenders are offering better FD rates across all tenures and also for less-than-36 months.
Non-resident Indians (NRIs) can now buy term insurance plans in India and their premiums are also the lowest in the world.
When NRIs buy term insurance in India, the aim is to secure the future of their family back home which is financially dependent on them for a living.